Owasso Soccer Club

Analysis

Owasso Soccer Club is a registered charity in United States, based in Owasso, OK. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Owasso Soccer Club reported income of $204k and spending of $222k, spending 108% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $156k to $204k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Owasso Soccer Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Harbor Point Charitable Foundation ($204k), Tooele Bit N Spur Riding Club ($204k) and College Park Tumbleweeds Gymnastics Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $49k against liabilities of $39, net assets of $49k.